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Hi, there are several questions for this section
(1) Is it designed like a real examination style?(2) I have found that these questions do not have marks allocated to each sub questions. If it is only for warm up exercise prior to revision, this would be fine.
(3) The Q.4 and Q.5 are about decision rules calculation and NPV calculation. Q.6-8 are questions appear in the BPP text book practice questions. Is it a need to practice such questions?
(4) Q.9 is about profitability statement preparation. Is it better to practice such kind of question?
(5) Q.10 is about cost & quality. Is it a generic question?
(6) Q.11 is about risk and uncertainty where the decision rules have to be explained. Does it refer to changes in syllabus which require the candidate to interpret the rule?
1 No. They are for practice. See recent exams for authentic question styles.
2 Its still fine. See past exams or an exam kit. See reply to 1.
3 Make sure you understand what’s foing on
4 This is a basic accountancy skill. If you can do it there’s no need to practise.
5 Generic?
6 You need to understand and explain decision rules.
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